300 E 55th St, Los Angeles, CA 90011 is a well-kept 7-unit apartment building in a rapidly improving South LA pocket. Priced at $1,250,000, the property delivers a 6.52% current cap rate and 9.41 GRM, with 43% rental upside. At pro forma rents, the building stabilizes at an excellent 10.66% cap rate and 6.57 GRM, offering strong day-one income with meaningful room for growth.
Built in 1950, the asset sits on a 5,851 SF lot with 4,222 SF of building area, consisting of oversized one-bedroom units and a two-bedroom unit. Several units are Section 8, providing stable, consistent collections. The property also features a 3-car garage structure that is already a shell, offering a clear opportunity for conversion into an ADU (buyer to verify). This gives investors an additional, straightforward path to increase income and boost long-term returns.
With solid in-place performance, strong rental upside, and on-site ADU potential, 300 E 55th St is a rare sub-$2M asset positioned for both immediate cash flow and long-term value creation in one of LA’s most active rental markets.
Built in 1950, the asset sits on a 5,851 SF lot with 4,222 SF of building area, consisting of oversized one-bedroom units and a two-bedroom unit. Several units are Section 8, providing stable, consistent collections. The property also features a 3-car garage structure that is already a shell, offering a clear opportunity for conversion into an ADU (buyer to verify). This gives investors an additional, straightforward path to increase income and boost long-term returns.
With solid in-place performance, strong rental upside, and on-site ADU potential, 300 E 55th St is a rare sub-$2M asset positioned for both immediate cash flow and long-term value creation in one of LA’s most active rental markets.
Property Details
Price:
$1,250,000
MLS #:
SB25272472
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c42downtownla
Listed Date:
Dec 8, 2025
Total Sq Ft:
4,222
Lot Size:
5,851 sqft / 0.13 acres (approx)
Year Built:
1950
See this Listing
Schools
Interior
Laundry Features
IN
Exterior
Community Features
SDW, SL, URB, LAKE, PARK
Parking Spots
9
Financial
Map
Community
- Address300 E 55th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 10, 2025
2,439
Single Family Listed
70
Avg DOM
811
Avg $ / SqFt
$1,505,541
Avg List Price
Property Summary
- 300 E 55th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $1,250,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1950. The average price per square foot for Single Family listings in Los Angeles is $811. The average listing price for Single Family in Los Angeles is $1,505,541.
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.300 E 55th ST
Los Angeles, CA